The Osterman Family Foundation
The Osterman Family Foundation is a private foundation, based in Whitinsville, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.6M in total assets. In 2024, it awarded 2 grants totaling $350K. Net investment income was $490K.
The Osterman Family Foundation at a glance
In short: The Osterman Family Foundation gave $350K across 2 grants in 2024 (avg $175K), mostly in District of Columbia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $350,000
- +16.7% vs 2023
- Grants made (2024)
- 2
- -85.7% vs 2023
- Average grant
- $175,000
- +716.7% vs 2023
- Median grant
- $175,000
- Total assets
- $6,644,499
- +11.0% vs 2023
- Primary geography
- District of Columbia (63% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Osterman Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Civic Nation All in One Democracy ($220K). Together the top 2 received $350K.
Grant Size Distribution
57 grants across all recorded years
The most common grant size was under $50K: 52 grants of 57 (91%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How The Osterman Family Foundation gives
- Giving held roughly steady from 2021 to 2024 (+8%). Method
- In 2024 it paid out 118% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $300K (2022) to $350K (2024). In 2024 it made 2 grants totaling $350K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Civic Nation All in One Democracy Washington, DC | All in one campus democracy program - civic learning and democratic engagement | $220,000 |
| Mass Vote Young Civic Leaders Boston, MA | Young civic leaders program empowering underserved youth through education, civic involvement, and leadership | $130,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,644,499 | $510,917 | $376,330 | $350,000 | 2 | $355,145 | $490,173 | $299,976 |
| 2023 | $5,987,382 | $157,462 | $320,389 | $300,000 | 14 | $302,820 | $161,152 | $270,119 |
| 2022 | $5,380,767 | $311,510 | $333,137 | $300,000 | 13 | $300,070 | $312,576 | $270,720 |
| 2021 | $6,486,194 | $710,061 | $423,050 | $325,000 | 12 | $393,847 | $623,836 | $290,704 |
| 2020 | $5,615,097 | $-398,152 | $375,296 | $345,278 | 16 | — | $130,593 | $266,698 |
Under IRS private-foundation payout rules, The Osterman Family Foundation reported a distributable amount of $300K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Osterman Family Foundation is led by Vincent Osterman, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Vincent Osterman
Trustee
On filings since 2020
10 hrs/week
No compensation reported
Former officers (1)
- Former: Ernest Osterman (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Osterman Family Foundation
How much does The Osterman Family Foundation give each year?
The Osterman Family Foundation gave $350K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $300K across 14 grants.
How large is The Osterman Family Foundation?
The Osterman Family Foundation reported $6.6M in total assets on its 2024 IRS Form 990-PF. It paid out $355K in qualifying distributions that year, against a required minimum of $300K (roughly 5% of its investment assets).
Where does The Osterman Family Foundation operate?
The Osterman Family Foundation has awarded grants in District of Columbia, Florida, Massachusetts, Oklahoma, Vermont.
What is The Osterman Family Foundation's EIN?
The Osterman Family Foundation's EIN (Employer Identification Number) is 46-1534293. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Osterman Family Foundation funds
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